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Tags : finance


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Finance div prepares economic report for finance adviser

The Finance Division has prepared an update about the economy highlighting the prevailing high inflation and falling forex reserves to submit to the finance adviser of the newly formed interim government led by Nobel laureate Muhammad Yunus...

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ACC prosecutes BHBFC DGM

The Anti-Corruption Commission on Thursday filed a case against MM Jamil Ahmed, deputy general manager of the Bangladesh House Building Finance Corporation in Barishal, on charges of obtaining a job as son of a freedom fighter though his father was not a freedom fighter...

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Passage of budget retains largely all ills opposed to and criticised

THE Finance Bill 2024 has been passed. But the budget for the 2025 financial year in its passage has retained a controversial provision that economists have always been opposed to. The passage of the bill has also failed to handle a few other issues that were considered beneficial for the economy...

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Money legalisation provision retained

The parliament passed the Finance Bill 2024 on Saturday while retaining in it the controversial provision of legalising undeclared wealth by paying a...

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Bad loans surge 65pc in 2 years

Defaulted loans of the state-owned entities increased by around 65 per cent in the past two years amid a lack of initiative to realise those, finance ministry officials...

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Govt seeks six months to curb inflation

The government has proposed the reintroduction of undisclosed money legalisation scopes in the new national budget to appease businessmen, officials...

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Minimum tariff value of cotton fabrics increased

Finance minister Abul Hassan Mahmood Ali on Thursday proposed rationalising at the import level the minimum value of certain products, including cotton and synthetic fabrics, for imposing duty to safeguard the local industry...

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Govt targets inflation 6.5pc, economists doubt

The government has set a target to limit inflation within 6.5 per cent in the financial year 2024–25, although prices of food and non-food items keep rising over...

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Adani assured of arrear payment 

Finance minister Abul Hasaan Mahmood Ali on Wednesday said that the government would clear arrears on power purchases from the Adani Group of India...

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Finance minister for crackdown on loan defaulters

Finance minister Abul Hassan Mahmood Ali on Sunday said that the next course of action should be launching crackdown on loan defaulters after the exchange rate problem was almost fixed...